Passaic
48 Goldfinch Ln
27
Map
$299,000
●
House -
In Contract
48 Goldfinch Ln
West Milford Twp., NJ 07421
2 Beds
2 Baths
$1,927
Est. Monthly
$29
HOA / Fees
About This Property
Updated lake house with incredible views. Open, bright and airy,
with high ceilings and tons of natural light. Freshly painted with
new floors and modern finishes throughout. The propane fireplace
creates both warmth and ambiance, while the shed allows for plenty
of additional storage. The property has a private dock on the
serene Lake Lookover, with opportunities for fishing, boating, and
swimming. The private beach is a natural gathering spot with its
fire pit and multitude of social events. Hiking and mountain biking
trails are plentiful in the surrounding Wawayanda State Park.
Whether you make it your new home or your weekend getaway, each
season offers new opportunities to explore the local area, which
includes Pennings Apple Orchard, Warwick Valley Winery and Mountain
Creek Ski Resort & Waterpark.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$430
HOA Dues
$29
Year Built
1932
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 days ago (GSMLS #4028496)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by WERNER REALTY | $299,000 | |
| Listed by WERNER REALTY | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings
Appliances: Carbon Monoxide Detector
Flooring Type: Carpet, Tile, Vinyl
Rooms: 4
Has Fireplace
Fireplace Features: Gas, Living Room
Fireplaces: 1
Basement: Crawl Space
Exterior Details
Security Features: Smoke Detector, Carbon Monoxide Detector(s)
Architectural Style: Colonial, Lakestyle
Year Built: 1932
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck
Lot Features: Waterfront, Lake/Water View
Lot Size Area: 5227.2
Lot Size Units: Square Feet
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Water Source: Private, Well
Financial Details
Tax Assessed Value: $119,100
Tax Annual Amount: $5,155
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Forced Air, 1 Unit, Baseboard - Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $350
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Passaic
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Last Updated: 11 days ago
Data Source: GSMLS, MLS#
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: GSMLS, MLS#
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